Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from 2016-17 to 25% by 2020 The Government has presented......

The rebalance that China has been aiming for continues to be kicked down the road. Each time there appears to be slowdown, stimulus measures are introduced, which end up exacerbating the investment......